Baker Company had the following information for the year ending December 31: Units Unit Cost Beginning inventory 300 $33 Purchase: April 6 200 40 Sale: May 4 470 Purchase: July 19 540 43 Sale: September 9 210 Purchase: October 10 100 45 Baker uses the perpetual inventory system and the FIFO method. Required: Using FIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year